STMicro Reports
Increase of 86%
In Quarterly Net

STMicroelectronics posted a jump in second-quarter net income of 86% on double-digit sales growth, bolstered by results in the company's automotive, consumer and industrial groups.

The maker of integrated semiconductor chips said in its results, reported Wednesday after the U.S. market closed, that it expects third-quarter revenue to increase, and said it will record charges related to its manufacturing restructuring plan in the...